Information and communication technologies market in the world economy

Authors

  • Aleksey Aleksandrovich Sidorov MGIMO University of the Foreign Ministry of the RF

Keywords:

Information and communication technology, information and communication devices, machines and equipment, economic conditions, global ICT market, expenditure on R & D, venture capital investment, scientific and technological progress, productivity of labour, globalization

Abstract

The evolution of the global ICT market since the late 1990s is considered in the article. The author analyzes the causes of the increasing role of ICT in providing efficiency and competitiveness of the economy as well as in forming the human capital. The terminology of the name of the market in English and Russian is explained. Of the components of the ICT market particular attention is paid to machinery and equipment, named in the text as ICT-devices. The dynamics of production, international trade and application of ICT-devices are characterized by the statistics.

Author Biography

Aleksey Aleksandrovich Sidorov, MGIMO University of the Foreign Ministry of the RF

Place of work, post: MGIMO University of the Foreign Ministry of the RF, Graduate student

Published

2024-02-08

How to Cite

Sidorov, A. A. (2024). Information and communication technologies market in the world economy. Russian Foreign Economic Journal, (4), 92–105. Retrieved from https://journal.vavt.ru/rfej/article/view/1544

Issue

Section

Трибуна молодых ученых